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Average monthly payment in a debt consolidation plan

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If I have around $30000.00 in credit card debt can you give me an example of how much my monthly payment will be with a debt consolidation company?

Hi Lisa

Welcome to the forums. The debt consolidation program reduces much of the financial stress of the consumers by substantially reducing the total debts.

Thus, after involving yourself in the program, your total debt of $30000 will be reduced by a margin of 40% to 60% i.e.. by $12000 to $18000.

Now, you will be required to pay the reduced amount to your creditors through the debt consolidation program.
The consultant working in the program will first analyze your financial position, budget your spending by cutting all the unnecessary expenses and then provide you the perfect payment plan which will be suitable to your present financial needs.

You will be benefited with the budgeting and counseling programs which will help you in eradicating your debt problems and achieve a debt free life soon.


Sub: #1 posted on Wed, 07/06/2005 - 13:37

roxette roxette

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